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Aug 27, 2013
08/13
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lew is calling on lawmakers to take immediate action before the nation hits the debt ceiling. the government reached its borrowing limit of about $16.7 trillion in may. it's legally prohibited from taking on more debt. government officials have used emergency measures to avoid defaulting on obligations. they've seen called on pension funds for federal workers. the differences between democrats and republicans have stymied debate on raising the debt ceiling. the u.s. faced a similar scenario in 2011 when the government came close to defaulting on its debt, that led to a downgrade of its credit rating. treasury secretary lew is warning a default would deal a heavy blow to financial markets around the world. >>> more headlines in business the next hour. i'll leave you with a check on the markets. >>> the united nations secretary-general has urged japanese leaders to do some soul searching. ban ki-moon says their understanding of history is straining ties with south korea and china. pow he was responding to a question from a reporter visiting south korea. the reporter asked for hi
lew is calling on lawmakers to take immediate action before the nation hits the debt ceiling. the government reached its borrowing limit of about $16.7 trillion in may. it's legally prohibited from taking on more debt. government officials have used emergency measures to avoid defaulting on obligations. they've seen called on pension funds for federal workers. the differences between democrats and republicans have stymied debate on raising the debt ceiling. the u.s. faced a similar scenario in...
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the debt ceiling is reached the house just recently passed the credit act this was yesterday it was done in a very partisan fashion only one hundred twenty one members voted for it one hundred twenty seven voted against it. the bill would prioritize debt payments this would mean that bondholders would be paid first before making payments for all other government programs so medicare social security the military now do you ever wonder what's going to happen when our interest payments grow so big that we have to make these decisions between paying our creditors and finding a government program and you know it period it is the state of affairs and we have come to the point where we are paying creditors on our debt more than we are figuring out what the hell is going on with this country and our economy. i mean it's just such a sad commentary that we are now focusing on how are we going to get rid of this debt trillions of dollars in debt at the same time ignoring the elephant in the room and it's really a drop in the bucket i hate to say but once again when we're addressing social secu
the debt ceiling is reached the house just recently passed the credit act this was yesterday it was done in a very partisan fashion only one hundred twenty one members voted for it one hundred twenty seven voted against it. the bill would prioritize debt payments this would mean that bondholders would be paid first before making payments for all other government programs so medicare social security the military now do you ever wonder what's going to happen when our interest payments grow so big...
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Aug 25, 2013
08/13
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MSNBC
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the debt ceiling is a worse idea. house leadership is engaged in political wink wink theater where they effectively have to entertain every single harebrained idea that the right flank has to placate them. the question is, at the end of the day, can they bring them back from the brink? you know, i think over the bush tax cuts and plan b we saw john boehner completely fail there. his grasp over the caucus seems to be loosening. you would think that something would bring them back from the precipice, but i think the country, we get less and less convinced by the day that anybody's in charge here and that anybody has their hands on the captain's wheel. >> support for government shutdown is evaporating over the weekend. tea party rand paul stated it plainly. shut down is a bad idea he said and we'll take a listen to him. >> i don't think shutting down the government is a good idea. but i do think we were elected, conservatives were elected to stop this overreach, this government takeover of health care. when the governmen
the debt ceiling is a worse idea. house leadership is engaged in political wink wink theater where they effectively have to entertain every single harebrained idea that the right flank has to placate them. the question is, at the end of the day, can they bring them back from the brink? you know, i think over the bush tax cuts and plan b we saw john boehner completely fail there. his grasp over the caucus seems to be loosening. you would think that something would bring them back from the...
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Jan 8, 2013
01/13
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>> the debt ceiling is likely to come first. the funny thing is at this point to some extent there aren't any external deadlines they absolutely have to meet. these are all created by washington. historically the debt ceiling was not an occasion for a big policy change. it became one in 2011, the republicans successfully made that happen. but they could easily extend the debt kreiling the way washington has in the past. in some ways the bigger thing is the sequester. it was supposed to be january 1, they pushed it back to march 1. substantial cuts. not overwhelming but substan tomorrow domestic programs and the military. most people don't want them take effect and the question is can they come up with something else that would bring down the deficit instead of across-the-board sequester cuts scheduled for march 1. >> rose: i watched over the weekend the talk shows and mitch mcconnell, the leader of the republicans in the senate said the tax question is off the table. we've dwelt that so we only will deal with spending now. >> it
>> the debt ceiling is likely to come first. the funny thing is at this point to some extent there aren't any external deadlines they absolutely have to meet. these are all created by washington. historically the debt ceiling was not an occasion for a big policy change. it became one in 2011, the republicans successfully made that happen. but they could easily extend the debt kreiling the way washington has in the past. in some ways the bigger thing is the sequester. it was supposed to be...
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the debt ceiling when there's no budget in effect the idea here is we're not the debt ceiling to pay what's in the budget whether you agree with that is going to various or like say you have your gun in your hand you have to suit shoot yourself in the foot with now what i'm saying is this idea of continually upping the debt ceiling where there is no budget there's no formal budget just continuing resolution i think that's the cart before the horse i'd really like to see them say look if you're going to up the debt ceiling you're going to borrow more to pay a budget you've got to have a budget or suggesting a structural change to a problem that is essentially political the the solution is vote the bums out two years if you don't like what they're doing vote the bums i'll go some people in that will be proactive and get us a budget i think the american people are as the audience today new york passed the toughest gun control law the nation of the first new gun laws in. the massacre at sandy hook elementary school under the new provision any assault weapons with a military rifle feature
the debt ceiling when there's no budget in effect the idea here is we're not the debt ceiling to pay what's in the budget whether you agree with that is going to various or like say you have your gun in your hand you have to suit shoot yourself in the foot with now what i'm saying is this idea of continually upping the debt ceiling where there is no budget there's no formal budget just continuing resolution i think that's the cart before the horse i'd really like to see them say look if you're...
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Jan 15, 2013
01/13
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but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of washington, but he didn't mean it. and he doesn't believe it. he thinks, and i think rightly thinks, that the political onus will be on the republicans. the president said we aren't a deadbeat nation, which is one of many great quotes in that press conference. >> i like that word, deadbeat. >> we aren't a deadbeat nation, and he said the republicans will turn us into a deadbeat nation if they do what they're threatening -- >> if somebody else objects to the question, if there's a different answer, i'll accept it. did the democrats ever play the game of not paying the bills of the united states government as
but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of...
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Jan 6, 2013
01/13
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advantage in the negotiation on the debt ceiling. if we can stand strong and insist on number one structural reforms to fix the problem and number two, progrowth policies to grow the economy and get jobs back and get people back to work i think we with win that debate and win that argument. i don't think what washington needs is more compromise. i think washington needs more common sense and more principle. >> it is good to get to know you. thanks so much for dropping by and good luck. >> thank you for having me. >> appreciate it. >> up next, a new year, a new congress. we'll ask our political panel if the political well is still poison. look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shake
advantage in the negotiation on the debt ceiling. if we can stand strong and insist on number one structural reforms to fix the problem and number two, progrowth policies to grow the economy and get jobs back and get people back to work i think we with win that debate and win that argument. i don't think what washington needs is more compromise. i think washington needs more common sense and more principle. >> it is good to get to know you. thanks so much for dropping by and good luck....
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Oct 7, 2013
10/13
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you know, the debt ceiling, the question of the debt ceiling, in fact, if you look at the polls, people believe when you're raising the debt ceiling, you ought to deal with the debt. so they feel like they're on firm ground on that one. >> it's not an easy vote for them. they might want -- >> not an easy vote for anybody. >> i think that, if obama was willing to give something -- if obama could get the abolition of the debt ceiling, i think he could break his no negotiations pledge but like you said, republicans -- >> no. there are some republicans talking about a short-term, you know, funding of the government tied to the debt ceiling, and i don't know that that's gotten anywhere. >> why doesn't the president just pick up the phone, tell john boehner, come over here, forget about harry reid, forget about nancy pelosi, forget about mitch mcconnell. just john boehner and him, one-on-one, the two of them start talking and it might not take a few hours, it might take a few days. why doesn't he do that? that's the way bill clinton used to work with newt gingrich during the shutdowns in '95
you know, the debt ceiling, the question of the debt ceiling, in fact, if you look at the polls, people believe when you're raising the debt ceiling, you ought to deal with the debt. so they feel like they're on firm ground on that one. >> it's not an easy vote for them. they might want -- >> not an easy vote for anybody. >> i think that, if obama was willing to give something -- if obama could get the abolition of the debt ceiling, i think he could break his no negotiations...
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Jan 3, 2013
01/13
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a debt ceiling debacle. in july of august of 2011. it's true that republicans in house took a hit in public opinion. but so did obama. people expect him to be a leader. if you have an injury to our credit rating, they will say yes. of course, republicans in the house. he gets hurt on that. it's equal. unequal on the fiscal cliff. the republicans have to be united but not only in the prescription approximately. unite on what they want. on plan "a" or "b" or "c." it's not all ad hoc. it can be a dollar of debt ceiling increase for dollar of debt reduction, which they try in 2011. or a balanced budget amendment. >> bret: that is what we could see. balanceed budget amendment call. >> it would help republicans and i crease the leverage. although, i believe policy isn't the greatest idea. >> as far as the dead itself. >> bret: p.r. next up how president obama is continuing the war on terror. >>> my client was arrested in jabuti, by >> megyn: beautyan authorities and held incommunecato for a while and held by the authorities and roughed up q
a debt ceiling debacle. in july of august of 2011. it's true that republicans in house took a hit in public opinion. but so did obama. people expect him to be a leader. if you have an injury to our credit rating, they will say yes. of course, republicans in the house. he gets hurt on that. it's equal. unequal on the fiscal cliff. the republicans have to be united but not only in the prescription approximately. unite on what they want. on plan "a" or "b" or "c."...
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Oct 8, 2013
10/13
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ceiling, raising the debt ceiling. some have suggested that the president could do it by hem self by invoking the 14th amendment. the president spoke about that today. >> i no he there's been some discussion for example about my powers under the 14th amendment to go ahead and ignore the debt ceiling law. setting aside the legal analysis, what matters is, is that if you start having a situation in which there's legal controversy about the u.s. treasury's authority to issue debt, the damage will have been done even if that were constitutional. >> 14th amendment says the validity of the public debt, shall not be questioned. so does that give the president potentially, worst case, nightmare scenario, the u.s. about to default, an opening? >> no one know, wolf. no one knows whether the president has this power. and it's a measure of the desperation of the system that people are reading into the 14th amendment this power as somehow the president says a rabbit out of the hat to allow him to bypass congress. but i think there
ceiling, raising the debt ceiling. some have suggested that the president could do it by hem self by invoking the 14th amendment. the president spoke about that today. >> i no he there's been some discussion for example about my powers under the 14th amendment to go ahead and ignore the debt ceiling law. setting aside the legal analysis, what matters is, is that if you start having a situation in which there's legal controversy about the u.s. treasury's authority to issue debt, the damage...
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Oct 10, 2013
10/13
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the democrats would like to see a longer-term lift of the debt ceiling. get this off of the table for a while, and their legislation is still going forth. we are still seeing that move to the senate, and we'll see a vote on that in the next couple of days. that will be significant to watch, because we'll find out whether senate republicans are getting on board with this plan. because we are hearing some of the moderate republicans say not only do we have to raise the debt ceiling, we also have to get the federal government reopen for business. >> libby stay there, i have one more question for both of you. mike viqueira, look, you are there at the white house, at every point along the way, the optics have been important here, and whenever there has been a meeting with the white house, we saw it last week, both sides came out and made a statement. what are we to read from the fact that this is a meeting -- [ laughter ] >> i know i'm pushing on this, but i have to. this is a meeting that everyone was looking forward to. what does it suggest that speaker boeh
the democrats would like to see a longer-term lift of the debt ceiling. get this off of the table for a while, and their legislation is still going forth. we are still seeing that move to the senate, and we'll see a vote on that in the next couple of days. that will be significant to watch, because we'll find out whether senate republicans are getting on board with this plan. because we are hearing some of the moderate republicans say not only do we have to raise the debt ceiling, we also have...
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Dec 18, 2013
12/13
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congress will debate raising bc debt ceiling -- raising the debt ceiling once again next year. we will no longer need to provide additional flexibility for defense spending. this bill will give the defense community the resources they need and conversations with top officials at the pentagon and within the intelligence community over the weekend, they have urged the support of this address they to current budget crisis. i am extremely synthetic to both those communities and want to make sure that whatever product -- sympathetic to both those communities and want to make sure that this bill does address the shortfalls, as well as the flexibility issues in the defense community, as well as in the intelligence community. approachased with the that the budget chairman took to not turn off sequester, but to instead extending mandatory cuts for an additional two years, the odds what the budget control prescribes. this is an $85 billion fix on the sequester that keeps it from going too deep into the defense budget. it has the potential for causing real problems within the pentagon and
congress will debate raising bc debt ceiling -- raising the debt ceiling once again next year. we will no longer need to provide additional flexibility for defense spending. this bill will give the defense community the resources they need and conversations with top officials at the pentagon and within the intelligence community over the weekend, they have urged the support of this address they to current budget crisis. i am extremely synthetic to both those communities and want to make sure...
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Jan 1, 2013
01/13
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some democrats are angry that the debt ceiling has not been -- this fight over the debt ceiling that's not going to take place until two months has not been taken out of the equation. it is a remarkable site. nonetheless, with the caveat it may not be over yet. >> we've heard that he reached out to harry reid and nancy pelosi and he spoke with them about everything that was going to take place tonight. what else do we know with how he responded to what's happening? >> well, it's interesting. the president chose today to have one of those campaign-style events with ordinary americans in the white house and an auditorium in the white house compound today. the president sort of came out in a jovial, joking matter. he painted a picture of a deal that was all but done, but he got in a lot of jabs, subtle and otherwise, at republicans and really angered folks. john mccain said he didn't know whether he was sad or angered by what the president had said. cooler heads have obviously prevailed here. and we do know that the president had been on the phone working this, even though joe biden was s
some democrats are angry that the debt ceiling has not been -- this fight over the debt ceiling that's not going to take place until two months has not been taken out of the equation. it is a remarkable site. nonetheless, with the caveat it may not be over yet. >> we've heard that he reached out to harry reid and nancy pelosi and he spoke with them about everything that was going to take place tonight. what else do we know with how he responded to what's happening? >> well, it's...
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Oct 14, 2013
10/13
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bills and ronald reagan said send me a debt ceiling increase. look what he says. he said -- "the full consequences of a default or even the serious prospect of default by the united states are impossible to predict and awesome to contemplate. denigration of the full faith and credit of the united states would have substantial effects on the domestic financial markets and the value of the dollar." ronald reagan, 1983. and that's when our economy was much smaller than it is today. so how does the party of ronald reagan now get us to this point where three days we're about to default? i didn't hear one word out of them when they decided to put two wars on the credit card and a huge tax break for billionaires on the credit card and a big medical prescription drug benefit on the credit card. not one word out of them. oh, vote, vote, vote, vote. and what happened? we had a surplus under bill clinton, we had a huge increase in the deficits under george w. bush, and, by the way, president obama got handed an enormous deficit which he has cut in half. so
bills and ronald reagan said send me a debt ceiling increase. look what he says. he said -- "the full consequences of a default or even the serious prospect of default by the united states are impossible to predict and awesome to contemplate. denigration of the full faith and credit of the united states would have substantial effects on the domestic financial markets and the value of the dollar." ronald reagan, 1983. and that's when our economy was much smaller than it is today. so...
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Oct 9, 2013
10/13
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ceiling -- lifting of the debt ceiling for a short term and then to use that time to negotiate. we're talking about maybe six weeks. this is something new that i just heard this morning, wolf. that is from a senior house republican source that it is entirely possible, maybe even probable that in order to do that they, republicans, would have to agree to what is effectively a clean debt ceiling increase. what the president is demanding. why would they do that? basically it's because, as the source said to me, the debt ceiling scares people. they understand, for the most part, not everybody, some people don't believe it's that big of a deal and it won't be the calamity that some people are predicting. but for the most part, house republicans understand the debt ceiling is a really big deal. that's why it's entirely possible that they would agree to something that is really effectively clean as long as they had very specific parameters laid out for negotiations that occurred right after they passed it dealing with entitlement reform, tax reform, anything that could deal with the de
ceiling -- lifting of the debt ceiling for a short term and then to use that time to negotiate. we're talking about maybe six weeks. this is something new that i just heard this morning, wolf. that is from a senior house republican source that it is entirely possible, maybe even probable that in order to do that they, republicans, would have to agree to what is effectively a clean debt ceiling increase. what the president is demanding. why would they do that? basically it's because, as the...
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Oct 18, 2013
10/13
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any chance republicans are in a mood for another skirmish following the debt ceiling debacle? >> reporter: well, martin, look, i wouldn't be surprised if you had more republicans coming forward and expressing opposition to johnson. cornyn made the point he doesn't have experience in immigration. white house officials say, look, he's an expert in a lot of other areas, to sort of defend that position. but there's no indication that he won't get confirmed. i've been talking to top aides on the hill who say that he does have broad bipartisan support, he after all, has a strong background with the pentagon, the former top attorney for the pentagon. so this is someone who is known to washington, and based on my conversations, they think that he will get confirmed. and this is just not the fight that republicans want to have right now. >> well, you say that, kristen. i'm curious, while we have you, to know how much the white house is girding for further battles over the affordable care act. because even mitch mcconnell, in announcing the shutdown deal, was very clear about wanting to
any chance republicans are in a mood for another skirmish following the debt ceiling debacle? >> reporter: well, martin, look, i wouldn't be surprised if you had more republicans coming forward and expressing opposition to johnson. cornyn made the point he doesn't have experience in immigration. white house officials say, look, he's an expert in a lot of other areas, to sort of defend that position. but there's no indication that he won't get confirmed. i've been talking to top aides on...
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Dec 17, 2013
12/13
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ceiling to prioritize debt payments? >> the issue of whether or not that decision can be made is fundamental to a presidential decision. >> i know, but have you as treasury secretary, your department requested from the office of legal counsel whether or not you can prioritize the? >> i've answered your question. it would be a question between the white house counsel and the justice department because the president -- >> let me point you to the fact that "huffington post" article from last week said the obama a decision to the platinum coin option more seriously than it led on. this idea you have a $1 trillion coin minted and deposited at the federal, at the fed, then draw upon that, it is, according to the "huffington post," the administration did ask the office of legal counsel for this absurd idea to actually be judged whether not it's legal. yet at the same time you will not say that you have asked whether or not you can prioritize payment. that is deeply concerning to me. >> i'm prepared to discuss the possible those
ceiling to prioritize debt payments? >> the issue of whether or not that decision can be made is fundamental to a presidential decision. >> i know, but have you as treasury secretary, your department requested from the office of legal counsel whether or not you can prioritize the? >> i've answered your question. it would be a question between the white house counsel and the justice department because the president -- >> let me point you to the fact that "huffington...
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Dec 18, 2013
12/13
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all attached to a debt ceiling inquiry. ceiling legislation is the time that brings us all together and get the president's attention, which with this president when it comes to reducing spending is a bit of a challenge. i cannot imagine it being done claim. we will have to see if the house once to add to it as a condition of passing it. host: harry reid and mitch inonnell, up for reelection 2014, yesterday weighing in on the next fight of raising the debt ceiling, which could happen in february when the treasury runs out of money to pay its bills. on the two-your budget deal, the washington times reports this -- there are a group of senators think it aired i daring cuts to retirement pay. post" reportsn on that -- inside the story they say according to house budget aides, it will reduce pay by almost six percent, by a man who enlisted at age 18 and retired age 38. 1.26ng him with one million instead of 1.24. this an issue that could be returned to in january. (this morning. democratic caller. what is on your mind. they did
all attached to a debt ceiling inquiry. ceiling legislation is the time that brings us all together and get the president's attention, which with this president when it comes to reducing spending is a bit of a challenge. i cannot imagine it being done claim. we will have to see if the house once to add to it as a condition of passing it. host: harry reid and mitch inonnell, up for reelection 2014, yesterday weighing in on the next fight of raising the debt ceiling, which could happen in...
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Jan 15, 2013
01/13
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the debt ceiling is announcing the amount of money the states can borrow. today the president responded to some republicans who say they are willing to shut down the government if the president doesn't back down. ultimately congress makes decisions about whether or not we spend money and keep the government open. if they decide they want to shut down the government in order to get their way they have the votes in the house of representatives to do that. i think that would be a mistake. >> john boehner responded the american people do not support raising the debt ceiling without reducing government spending statement. wendell, a government shut down, is that something that really might happen? neither side is ready to blink yet. he has laid out they are ready to compromise if possible that could lead to a government shut down although probably not right away. president obama suggested right before the u.s. the people at home might be told they have to wait for their money. >> if congressional republicans refuse to pay america's bills on time social security
the debt ceiling is announcing the amount of money the states can borrow. today the president responded to some republicans who say they are willing to shut down the government if the president doesn't back down. ultimately congress makes decisions about whether or not we spend money and keep the government open. if they decide they want to shut down the government in order to get their way they have the votes in the house of representatives to do that. i think that would be a mistake. >>...
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Jan 8, 2013
01/13
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that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. >>> john brennan is the man president obama nominated to run the cia. he is also the man who helped create america's policy of drone war fare. that is next. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if, while on enbrel, you ex
that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. >>> john brennan is the man president obama nominated to run the cia. he is also the man who helped create america's policy of drone war fare. that is next. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower...
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Jan 10, 2013
01/13
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if every time you read the debt ceiling and offset that with cuts, if you raise the debt ceiling to get you by for a year, you had trillions of dollars of cuts over 10 years, by the end of the 10 years, you would have to have trillions of dollars over the next century? the math compounds. >> there are cuts on top of cuts that would mean you would not need to read -- raise the debt ceiling anymore. perhaps you could reduce the debt ceiling and increase spending every time you reduce it. i do not know. it is a bizarre scenario. the democrats have said that revenue will be on the table as part of their position. it is not a given that if they do this, all 2 trillion will come from spending cuts. some will come from additional revenue as well. >> is sequestration happens, if congress did not stick with the budget control act, [indiscernible] >> is budget deals do not tend to stick around for long and altered very long. i would not read too much into this. even if they decide to leave it alone this year. in fy-14, this will be debated again. the amounts could change. they could go up or down
if every time you read the debt ceiling and offset that with cuts, if you raise the debt ceiling to get you by for a year, you had trillions of dollars of cuts over 10 years, by the end of the 10 years, you would have to have trillions of dollars over the next century? the math compounds. >> there are cuts on top of cuts that would mean you would not need to read -- raise the debt ceiling anymore. perhaps you could reduce the debt ceiling and increase spending every time you reduce it. i...
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Sep 23, 2013
09/13
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ALJAZAM
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eye 114
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are going oask, why are republicans using the budget and the debt ceiling as leverage with obamacare, aren't they two separate issues? >> it's really all you can do. republicans want to be talking about debt, and obamacare because those are two issues they care very much about. obamacare is who is part of the debt. you have businesses cutting health care, every day you hear another business cutting health care. there are real problems here and i think ultimately what the republicans in conk are looking -- congress are looking to do is to get a delay for a year. i think that's the ultimate machination for these chess matches. >> put it off for a year? >> for a year. you talk about sausage making? it used to happen in the kitchen but now live on twitter. >> you're here shaking your head about this. >> jonathan as you probably can imagine, i disagree. i think the republicans as you stated earlier tying this to the debt limit is ridiculous. first of all the law has been upheld by the supreme court of the united states. if the tea party is all about the constitution, the ultimate arbiter i
are going oask, why are republicans using the budget and the debt ceiling as leverage with obamacare, aren't they two separate issues? >> it's really all you can do. republicans want to be talking about debt, and obamacare because those are two issues they care very much about. obamacare is who is part of the debt. you have businesses cutting health care, every day you hear another business cutting health care. there are real problems here and i think ultimately what the republicans in...
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Jan 12, 2013
01/13
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up that debt ceiling. i work with phil gingry in congress. i really liked him. he actually worked with me on helping veterans try to get more physical therapists and also occupational therapists. this is one where any word in front of the word "rape "except heinous or outrageous is an outrageous wrong. but i did want to say i have worked with him on a number of issues to try to further help people coming home from the wars. >> i appreciate your even-handed comments. it looks like you're agreeing with kevin madden republican strategist. good to see you both. >>> in today's office politics, my conversation with nbc's peter alexander. peter spent last year covering mitt romney's presidential campaign. after months of almost around the clock being on the trail, peter has some great behind the scenes stories to share, including the campaign's immediate reaction to the governor's election night loss. but first, i asked peter about the challenges of reporting on the big stories and those several nuances each day
up that debt ceiling. i work with phil gingry in congress. i really liked him. he actually worked with me on helping veterans try to get more physical therapists and also occupational therapists. this is one where any word in front of the word "rape "except heinous or outrageous is an outrageous wrong. but i did want to say i have worked with him on a number of issues to try to further help people coming home from the wars. >> i appreciate your even-handed comments. it looks...
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Jan 14, 2013
01/13
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FOXNEWSW
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the debt ceiling and you did. last year you said you wouldn't extend any of the bush tax cuts for the wealthy and you did. so as you say now that you're not going to negotiate on the debt ceiling, this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, take the example of this year and the fiscal cliff. i didn't say that i would not not have any conversations about extending the bush tax cuts, what i said we wouldn't extend bush tax cuts for wealthy and we didn't. we can argue during the campaign that i said, i set the criteria for wealthy at 250, and we ended up being at 400. but the fact of the matter is that millionaires, billionaires, are paying significantly more in taxes, just as i said. so from, you know, from the start my concern was making sure that we had a tax code that was fair and that protected the middle class and my biggest priority was making sure middle class tax
the debt ceiling and you did. last year you said you wouldn't extend any of the bush tax cuts for the wealthy and you did. so as you say now that you're not going to negotiate on the debt ceiling, this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, take the example of this year and the fiscal cliff. i didn't say that i would not not have any...
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Jan 12, 2013
01/13
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we're gonna raise it most likely, the debt ceiling. we'll probably see a lot of discussion from the rating agencies with our ability to pay on that. and as a result of it, and what it comes back to our wallet, is that is also going to be inflationary because of our credit rating drops, that means we're going to have to go out and actually pay more money on the interest because there is going to be greater risk on our bonds, which means there will be less money in the economy and we'll see a ripple effect. bottom line, hyper inflation maybe, but definitely rising prices, less money in our pockets. >> okay. i think we're trying to -- starting to get it back to where i wanted to get with you, which is talk more about what this is going to mean for the average person at home and when we talk about credit ratings and credit histories, we all have our own credit ratings that we have to worry about that we try to maintain a good credit history and a good standing with potential lenders out there. so what does it mean, if i pay all of my bills
we're gonna raise it most likely, the debt ceiling. we'll probably see a lot of discussion from the rating agencies with our ability to pay on that. and as a result of it, and what it comes back to our wallet, is that is also going to be inflationary because of our credit rating drops, that means we're going to have to go out and actually pay more money on the interest because there is going to be greater risk on our bonds, which means there will be less money in the economy and we'll see a...
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Oct 11, 2013
10/13
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MSNBC
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we should be negotiating on the debt ceiling, talking about those issues. we should raise it, take away any specter of the debt ceiling not being extended. but somehow what we should have been doing six weeks ago, begin serious discussions and negotiations regarding the debt ceiling as far as tax reform, as far as spending cuts, as far as entitlement reform. that can be done in the context we don't have a gun to our head or a gun to the head of the financial markets in this country. i think right now we should reopen the government, go ahead and raise the debt ceiling, whatever period of time can be. talks with traditional republican values, economy, entitlement, tax reform. we can do it in an atmosphere we don't have the cruz people holding guns to heads. >> do you think you have enough members, like minded members within the caucus to persuade the speaker to permit a vote on that kind of cr plus debt ceiling increase? >> i want to be undercutting what john boehner is trying to do right now but yes. there's no doubt there's more than enough people in the h
we should be negotiating on the debt ceiling, talking about those issues. we should raise it, take away any specter of the debt ceiling not being extended. but somehow what we should have been doing six weeks ago, begin serious discussions and negotiations regarding the debt ceiling as far as tax reform, as far as spending cuts, as far as entitlement reform. that can be done in the context we don't have a gun to our head or a gun to the head of the financial markets in this country. i think...
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doesn't secure a debt arising of its debt ceiling they'll have to default on its over sixteen and a half trillion dollars of borrowing so you have the rest of the world very wary they're panicking you have the heads of various major financial organizations global financial organizations like the i.m.f. talking about how american legislators need to be responsible that this bickering is ridiculous they need to find a way to get through this to the rest of the world doesn't have to pay for these dire consequences huge economic partners what will happen to them if the u.s. does go head into fall will according to experts whether or not it happens on thursday china is still going to rethink the way it does business with the united states here's jeffrey summers of the university of wisconsin milwaukee and united states of course is an economy which leads global credit and the foreign purchase of its treasury bills so this puts it in a very precarious position moving forward in terms of the ability to fund many of its programs domestically for those countries in which a fine and it's a very ve
doesn't secure a debt arising of its debt ceiling they'll have to default on its over sixteen and a half trillion dollars of borrowing so you have the rest of the world very wary they're panicking you have the heads of various major financial organizations global financial organizations like the i.m.f. talking about how american legislators need to be responsible that this bickering is ridiculous they need to find a way to get through this to the rest of the world doesn't have to pay for these...
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Jan 8, 2013
01/13
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that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. ] up high! up high! [ sighs ] [ chuckles ] yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing? who do you think i am, quicken loans? [ chuckles ] at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. this great tool answers your home loan questions organizes your results, and lets you calculate with the confidence of a rocket scientist. you can even take notes and add photos of your favorite homes! it's the 21st century way to make your next home refinance or purchase easy. download it today from the app store or google play... the mortgage calculator by quicken loans... one more way
that would also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. ] up high! up high! [ sighs ] [ chuckles ] yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing? who do you think i am, quicken loans? [ chuckles ] at quicken loans, our amazingly useful mortgage calculator...
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Jan 13, 2013
01/13
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on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see you in a little more dressed down, little more casual sigde of you at the bottom of the hour for office politics. for anyone who wants to see what goes on behind the scenes with you, tune in. are you nervous? >> i think i have a pretty good sense how this is going to go. i was more nervous when you came here-p but i know you took good care of me. it will be all right. >> it will. it will be interesting for folks who stick around. thanks, peter. >> thanks, alex. >> carol lee and associate politics editor for roll call david drucker. welcome to both of you. >> good morning. >> carol, i'll speak with you first. as the president says, he's not goin
on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see you in a little more dressed down, little more casual sigde of you at the bottom of the...
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ceiling. $17 trillion national debt. we are in deep trouble. the posturing is not helping. many people to start to getting to vote their parties in the futures and focus on what is give for the american future right now. neil: always good seeing you. we would have served you some turkey chili if you were here. your loss. >> of belle isle to mrs. right now. neil: are lost. the can't even intify. neil: all right. many have been arguing that congress is the problem. i want you to meet the top economist who says, you have to reverse. the president is a problem. congress is a solution. ♪ oh! blue! i touched the ball before it went out, coach. come on, alex, the ref did not call that! it's the championship game! i touched, it's their ball. don't foul them when they inbound. team! alex! good call. >> you don't negotiate of putting a gun to the other person said. >> they demand that ransoms is for doing their job. >> and now they're gone beyond just holding congress hostage. they're all in all country hostage for. neil: congre
ceiling. $17 trillion national debt. we are in deep trouble. the posturing is not helping. many people to start to getting to vote their parties in the futures and focus on what is give for the american future right now. neil: always good seeing you. we would have served you some turkey chili if you were here. your loss. >> of belle isle to mrs. right now. neil: are lost. the can't even intify. neil: all right. many have been arguing that congress is the problem. i want you to meet the...
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Jan 15, 2013
01/13
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KGO
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he offered a solution for the president's dilemma on the debt ceiling. >> the final press conference was held this morning and he talked about the debt ceiling announcing if congress doesn't work with him and raise the debt ceiling america will go into default on the loans and we might have to sell florida. so, take goodbye to nanna and papa. >> you can see jimmy kimmel at the new time following the abc7 at 11. >> and the story behind a baby panda high five that >> on the 4th anniversary of the miracle on the hudson, "sully" sullenberger joins katie couric for a great day and reunited with the passengers he saved in the incredible emergency landing on new's hudson river. >> of all people to be piloting that day, thank god, sully, it was you. sometimes i get on a plane and i am like, sully? anybody named sully on this plane? >> i appreciate that. when i travel as a passenger i have people recognize me and they say i feel better knowing you are here. >> we feel the same way, too. that is katie at 3:00 and you can hear more right here on abc7. on abc7 news at 4:00, a hand's on lesson, h
he offered a solution for the president's dilemma on the debt ceiling. >> the final press conference was held this morning and he talked about the debt ceiling announcing if congress doesn't work with him and raise the debt ceiling america will go into default on the loans and we might have to sell florida. so, take goodbye to nanna and papa. >> you can see jimmy kimmel at the new time following the abc7 at 11. >> and the story behind a baby panda high five that >> on...
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Oct 11, 2013
10/13
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CNN
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and the debt ceiling deal. it might be in the works but are republicans and democrats, are they willing to compromise? are the republicans willing to compromise with each other and, as you mentioned, is the damage already done there we're going to look at how the world views the united states move to flirt with default? my name is mike and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. [ mike ] when i was taking the chantix, it reduced the urge to smoke. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these, stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you'
and the debt ceiling deal. it might be in the works but are republicans and democrats, are they willing to compromise? are the republicans willing to compromise with each other and, as you mentioned, is the damage already done there we're going to look at how the world views the united states move to flirt with default? my name is mike and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (varenicline)...
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Feb 2, 2013
02/13
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so as congress agrees to delay a showdown over the debt ceiling and faces a march 1 deadline for across the board spending cuts, what to make of this darned economy, david? >> am i supposed to answer that? it is confusing. the stock market is up. employers are hiring, very slowly. the government now tells us that hey -- they hired a lot more last year than previously believed. auto seafls are up 14% from last year. housing sales are coming back. on the other hand the economy took a pause at the end of last year? unemployment is very high, 7.9%. among men between 25 and 54 one out of six is not working. so i think when you cut through all this what do you see? well, the stock market is going like this and the economy is going like this. that can't last. i can't explain the stock market except maybe there was a gigantic sigh of relief. the republicans aren't going to force the u.s. freshry due default and the europeans aren't going to blow themselves up economically. you see an economy that's growing -- slowly. growing is better than not growing. the europeans are trying the not growing t
so as congress agrees to delay a showdown over the debt ceiling and faces a march 1 deadline for across the board spending cuts, what to make of this darned economy, david? >> am i supposed to answer that? it is confusing. the stock market is up. employers are hiring, very slowly. the government now tells us that hey -- they hired a lot more last year than previously believed. auto seafls are up 14% from last year. housing sales are coming back. on the other hand the economy took a pause...
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Sep 26, 2013
09/13
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they all are agreeing the debt ceiling is something we should negotiate on. that should be the fight that we might. paul ryan i think really gave us insight into thinking here we have to stay on the right side of public opinion. shutting down the government puts us on the wrong side. the fight is on the debt limit. this is all political. the debt limit is way worse for the country and american workers but better for republicans politically. >> we don't know how bad it will be. the government shutdown, some sense how it will play out. there were contingencies plans. we've been through this with the debt limit. no one knows what will happen when we breach it. it's been interesting over the last few days to see what's happening within the conservative grassroots. while the mainstream media is talking with increasing horror about what might happen if we cross this rubi conof the debt limit breach, the debate is all about ted cruz, this long-term playing out of what did the tea party mean, the internal war between the tea party folks and establishment of republica
they all are agreeing the debt ceiling is something we should negotiate on. that should be the fight that we might. paul ryan i think really gave us insight into thinking here we have to stay on the right side of public opinion. shutting down the government puts us on the wrong side. the fight is on the debt limit. this is all political. the debt limit is way worse for the country and american workers but better for republicans politically. >> we don't know how bad it will be. the...
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Oct 4, 2013
10/13
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WBAL
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the stalemate also created concern over the debt ceiling debate. the deadlock on raising the debt limit could touch off a new reception -- recession. >> the government shutdown could affect flu season. quest that has officially arrived. >> state health care officials say it came two weeks earlier than last year. >> it seems early weeks have seen the first during the flu season. >> just as the flu season started, the cdc stopped trapping -- tracking influences cases. the flu surveillance homepage says it all. no one here is watching where it is moving or if a pandemic is emerging. no one to sound the alarm. >> i am very concerned for the experts we had here. what is it that might be happening? >> maryland and other states will continue and tracking and testing locally. without the feds, there is no one linking across state lines. >> it helps us all keeping a picture of what is going on from a national standpoint. quest there are no cdc researchers analyzing this year's viruses to come up with a recipe next year's vaccine. the shutdown could make you
the stalemate also created concern over the debt ceiling debate. the deadlock on raising the debt limit could touch off a new reception -- recession. >> the government shutdown could affect flu season. quest that has officially arrived. >> state health care officials say it came two weeks earlier than last year. >> it seems early weeks have seen the first during the flu season. >> just as the flu season started, the cdc stopped trapping -- tracking influences cases. the...
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Dec 13, 2013
12/13
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the debt ceiling is at the very end. all the decisions congress makes on entitlement programs that determines -- >> are you aware of any other president in our lifetime who has taken the radical position of stating he will not negotiate deficit reduction on the debt sealing? >> mr. chairman i think we learned in 2011 we learned again just this past october that treating the debt limit the way congress did put our economy in grave danger. every president in my lifetime has said the same thing. it is imperative to raise the debt ceiling and congress' responsibility to take that action. >> the time of the chairman has expired. >> and i would say every president in your lifetime has negotiated on the debt ceiling. >> thank you mr. chairman. i would like to see if i can get about er understanding ere we are in relationship finances discussions and trade talks with europe. to you and the president basically stating my we tion on whether or not would be including provisions in a trade agreement and it would be undermining to ad
the debt ceiling is at the very end. all the decisions congress makes on entitlement programs that determines -- >> are you aware of any other president in our lifetime who has taken the radical position of stating he will not negotiate deficit reduction on the debt sealing? >> mr. chairman i think we learned in 2011 we learned again just this past october that treating the debt limit the way congress did put our economy in grave danger. every president in my lifetime has said the...
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Dec 17, 2013
12/13
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but what we're looking at now is a debt ceiling. we heard republicans saying they will not let it go by without something being done or something -- if you want to use the word extracted. do you think there should be a clean debt ceiling or do you think it would be right for the congress to use the occasion to do something to reduce our indebtedness. >> i'm probably not the right democrat to ask about clean debt ceiling because i have not voted -- i got caught in procedural votes to move it forward. i think you have to come to grips with it. >> and what would you like to see happen at the debt ceiling? >> well again a big picture needs to be looked at. and that is when the bowls simpson came into this and taken into consideration. you can't put one side in the box and what we are doing now, we are just making you vote and take score, trying to use it against you. i would rather fix something and we have to get together and come to grips with it. we have to have some reforms. >> but there is no way that would happen before a debt cei
but what we're looking at now is a debt ceiling. we heard republicans saying they will not let it go by without something being done or something -- if you want to use the word extracted. do you think there should be a clean debt ceiling or do you think it would be right for the congress to use the occasion to do something to reduce our indebtedness. >> i'm probably not the right democrat to ask about clean debt ceiling because i have not voted -- i got caught in procedural votes to move...
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Jan 16, 2013
01/13
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debt, it would join standard and poor's, which took that action in 2011 during the last debt ceiling debate. the u.s. house moved to pass a hurricane sandy relief bill this evening. $17 billion would go for immediate recovery in the affected northeastern states. another $33 billion is for long- term spending. some republicans argued that much of the money isn't for emergency relief at all. california's tom mcclintock called for stripping that funding out. >> according to the congressional budget office, more than 90% of this money won't even be spent this year. that's not emergency relief. $16 billion is to quintuple the size of the community development block grant program. that's the slush fund that pays for such dubious projects as doggie day care centers and doesn't even have to be spent in the hurricane area. >> sreenivasan: other republican >> sreenivasan: other republicans joined with most democrats to reject offsetting spending cuts. instead, lawmakers from the northeast urged the house to pass the storm aid now. new york democrat hakeen jeffries said it's already taken too l
debt, it would join standard and poor's, which took that action in 2011 during the last debt ceiling debate. the u.s. house moved to pass a hurricane sandy relief bill this evening. $17 billion would go for immediate recovery in the affected northeastern states. another $33 billion is for long- term spending. some republicans argued that much of the money isn't for emergency relief at all. california's tom mcclintock called for stripping that funding out. >> according to the congressional...